-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WLwKr3Tgh3tIxtS4bKlF5iji3pURw0RhnHX4Yucq7zEtzwRH7BQLCpq5x9gj36Fc dEFGMBwTbgsWe1DoaK/W0w== 0000893220-04-002159.txt : 20041018 0000893220-04-002159.hdr.sgml : 20041018 20041018170356 ACCESSION NUMBER: 0000893220-04-002159 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041018 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041018 DATE AS OF CHANGE: 20041018 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUNOCO LOGISTICS PARTNERS LP CENTRAL INDEX KEY: 0001161154 STANDARD INDUSTRIAL CLASSIFICATION: PIPE LINES (NO NATURAL GAS) [4610] IRS NUMBER: 233096839 STATE OF INCORPORATION: DE FISCAL YEAR END: 1203 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31219 FILM NUMBER: 041083681 BUSINESS ADDRESS: STREET 1: SUN COMPANY INC, TEN PENN CENTER STREET 2: 1801 MARKET ST C/O JOHN DIROCCO CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: (215)977-3000 MAIL ADDRESS: STREET 1: 1800 MARKET STREET CITY: PHILADEPHIA STATE: PA ZIP: 19103 8-K 1 w67697e8vk.htm FORM 8-K SUNOCO LOGISTICS PARTNERS L.P. e8vk
Table of Contents



SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report: October 18, 2004

 

SUNOCO LOGISTICS PARTNERS L.P.


(Exact name of registrant as specified in its charter)
         
         
Delaware   1-31219   23-3096839

 
 
 
 
 
(State or other
jurisdiction of
incorporation)
  (Commission
file number)
  (IRS employer
identification
number)
         

 
Ten Penn Center, 1801 Market Street, Philadelphia, PA 19103-1699


(Address of principal executive offices)           (Zip Code)
 

(215) 977-3000


(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     
o
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
   
o
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
   
o
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b))
 
   
o
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))



 


TABLE OF CONTENTS

Item 8.01. Other Events
Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits
SIGNATURE
EXHIBIT INDEX
Sunoco Logistics Partners L.P. Press Release dated October 18, 2004.


Table of Contents

Item 8.01.    Other Events.

     On October 18, 2004, Sunoco Logistic Partners L.P. issued a press release announcing that it has signed a definitive agreement with a subsidiary of Certified Oil Company to purchase a refined products terminal located in Columbus, Ohio for approximately $8 million.

Item 9.01.    Financial Statements, Pro Forma Financial Information and Exhibits.

     (c)    Exhibits

              99.1    Sunoco Logistics Partners L.P. Press Release dated October 18, 2004.

Forward-Looking Statement

     Statements contained in the exhibits to this report that state the Partnership’s or its management’s expectations or predictions of the future are forward-looking statements. The Partnership’s actual results could differ materially from those projected in such forward-looking statements. Factors that could affect those results include those mentioned in the documents that the Partnership has filed with the Securities and Exchange Commission.

      

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

             
    SUNOCO LOGISTICS PARTNERS LP.
    By:   Sunoco Partners LLC,
    its General Partner
 
           
      By:   /s/ SEAN P. McGRATH
         
 
          Sean P. McGrath
Comptroller
(Principal Accounting Officer)
 
           
      Date: October 18, 2004

 


Table of Contents

EXHIBIT INDEX

         
Exhibit
Number
  Exhibit    

 
 
 
   
99.1
  Sunoco Logistics Partners L.P. Press Release dated October 18, 2004    

 

EX-99.1 2 w67697exv99w1.htm SUNOCO LOGISTICS PARTNERS L.P. PRESS RELEASE DATED OCTOBER 18, 2004. exv99w1
 

EXHIBIT 99.1

SUNOCO LOGISTICS PARTNERS L.P. TO ACQUIRE COLUMBUS, OHIO REFINED
PRODUCTS TERMINAL

     PHILADELPHIA, October 18, 2004 – Sunoco Logistics Partners L.P. (NYSE: SXL) announced today that it has signed a definitive agreement with Midwest Terminal Company, a wholly-owned subsidiary of Certified Oil Company, to purchase a refined products terminal located in Columbus, Ohio for approximately $8 million. Total storage is approximately 160 thousand barrels of shell capacity with customers consisting of Sunoco, Inc. and other third parties. Closing of the transaction is expected within the next 60 days, subject to customary closing conditions.

     “We are pleased to announce the addition of this new asset to our portfolio of terminals,” said Deborah M. Fretz, President and Chief Executive Officer of Sunoco Logistics. “We expect this acquisition to be immediately accretive upon the closing of the transaction.”

     Sunoco Logistics Partners L.P. (NYSE: SXL), headquartered in Philadelphia, was formed to acquire, own and operate substantially all of Sunoco, Inc.’s refined product and crude oil pipelines and terminal facilities. The Eastern Pipeline System consists of approximately 1,900 miles of primarily refined product pipelines and interests in four refined products pipelines, consisting of a 9.4 percent interest in Explorer Pipeline Company, a 31.5 percent interest in Wolverine Pipe Line Company, a 12.3 percent interest in West Shore Pipe Line Company and a 14.0 percent interest in Yellowstone Pipe Line Company. The Terminal Facilities consist of 8.8 million barrels of refined product terminal capacity and 16.0 million barrels of crude oil terminal capacity (including 12.5 million barrels of capacity at the Texas Gulf Coast Nederland Terminal). The Western Pipeline System consists of approximately 2,700 miles of crude oil pipelines, located principally in Oklahoma and Texas and a 43.8 percent interest in the West Texas Gulf Pipe Line Company. For additional information visit Sunoco Logistics’ web site at www.sunocologistics.com.

     NOTE: Those statements made in this release that are not historical facts are forward-looking statements. Although Sunoco Logistics Partners L.P. (the “Partnership”) believes that the assumptions underlying these statements are reasonable, investors are cautioned that such forward-looking statements are inherently uncertain and necessarily involve risks that may affect the Partnership’s business prospects and performance causing actual results to differ from those discussed in the foregoing release. Such risks and uncertainties include, by way of example and not of limitation: whether or not the transaction described in the foregoing news release will be consummated; whether or not such transaction will be cash flow accretive; increased competition; changes in demand for crude oil and refined products that we store and distribute; changes in demand for crude oil and refined products that we store and distribute; changes in operating conditions and costs; changes in the level of environmental remediation spending; potential equipment malfunction; potential labor relations problems; the legislative or regulatory environment; plant construction/repair delays; nonperformance by major customers or suppliers; and political and economic conditions, including the impact of potential terrorist acts and international hostilities. These and other applicable risks and uncertainties have been described more fully in the Partnership’s June 30, 2004 Form 10-Q filed with the Securities and Exchange Commission on August 5, 2004. The Partnership undertakes no obligation to update any forward-looking statements in this release, whether as a result of new information or future events.

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